43 days on market
$425,000
416 Maryland Ave
Portsmouth, Virginia 23707
MLS# 10627210 · PORT NORFOLK · Portsmouth VA
Updated May 7, 2026 · Source: REIN MLS
Est. payment
$2,563/mo
Edit below
Price / sq ft
$173
2,450 sq ft
Days on market
43
HOA
None
Year built
1915
111 yrs old
Beds
0
Full Baths
0
Half Baths
0
Sq Ft
2,450
Garage
N/A
Schools
- ElementaryJohn Tyler Elementary School2/10
- MiddleChurchland Middle School5/10
- 5/10
Info provided by GreatSchools
About this home
Rare opportunity to live in one and already have a GREAT tenants on the other side paying a great portion of your mortgage. This is a great addition to you Real Estate portfolio or a good way to start a new one. The vacant unit is the 3 bedrooms, 2 full bathrooms. Both units completely remodeled within the last 6 months. A lot of new construction happening around the area, 4 blocks from the bay. Don't let this one sl…
Listed by Marie DePedro Fernandez · World Class Realty & Prop Mgmt
VaHome Team property overview
416 Maryland Avenue is a 2,450-square-foot multi-family property built in 1915 in Port Norfolk, Portsmouth — one of the city's most character-rich historic districts, sitting just minutes from Naval Medical Center Portsmouth and the Elizabeth River waterfront.
Read full property overview ↓Show less ↑
Why this home stands out
What sets 416 Maryland Avenue apart is the combination of genuine early-20th-century architecture and an almost unbeatable location. At over 2,400 square feet, this 1915-built multi-family structure carries the bones and craftsmanship of a century-old Port Norfolk home while placing you three minutes from Naval Medical Center Portsmouth and within easy reach of two major waterfronts. Historic character and practical proximity rarely come packaged together like this.
PORT NORFOLK and the Portsmouth real estate market
Port Norfolk is one of Portsmouth's most beloved historic enclaves — a compact, walkable peninsula neighborhood where tree-lined streets, early-20th-century architecture, and a genuine sense of community set the tone. The area developed largely between 1900 and 1930, and that heritage shows in the varied rooflines, wide front porches, and brick-and-frame homes that line streets like Maryland Avenue. Residents here tend to stay for years, drawn by the neighborhood's scale and character. Portsmouth itself is a city with serious waterfront bones — the Elizabeth River runs along its eastern edge, the historic Olde Towne district anchors the downtown corridor, and the city's shipbuilding and naval legacy gives it an identity that newer suburban communities simply can't replicate. For anyone looking for a property with roots, Port Norfolk in Portsmouth delivers a rare blend of livable history and modern convenience.
What's nearby
Daily life at 416 Maryland Avenue is genuinely easy. Noura Inc Mt. Vernon Supermarket and Port Norfolk Supermarket are both within 0.2 miles for quick grocery runs, and Fast 5 Grocery & Deli is under a mile away. Familiar Treasurez and Dria's Kitchen 'Box Fired' Pizzeria & Catering are practically at your doorstep for a meal without the commute. Green space is plentiful — Fountain Park is 0.2 miles out, Detroit Park sits 0.4 miles away, and Bruce Johnson Memorial Park rounds out the options at half a mile. DCo gym is 0.8 miles away when you need a workout.
For different buyers
For military families relocating
Naval Medical Center Portsmouth is a three-minute drive from 416 Maryland Avenue, and USCG Base Portsmouth is five minutes out — making this address one of the most commute-efficient options in the city for active-duty personnel and medical staff. A VA loan can make ownership here straightforward, and the multi-family structure gives military households genuine flexibility for how they use the space.
For buyers drawn to character
If you're drawn to properties with a real story, 416 Maryland Avenue was built in 1915 and sits in Port Norfolk — a neighborhood that has held onto its architectural identity for over a century. The 2,450-square-foot multi-family footprint means you get the craftsmanship and scale of a historic structure without sacrificing usable space. This is the kind of address that rewards buyers who appreciate what time and good bones actually look like.
Frequently asked questions
How far is 416 Maryland Avenue from Naval Medical Center Portsmouth?
Naval Medical Center Portsmouth is approximately 3 minutes by car from 416 Maryland Avenue, making it one of the closest residential addresses to the base in the city.
What is the property type at 416 Maryland Avenue?
416 Maryland Avenue is classified as a multi-family residential property, built in 1915 and spanning approximately 2,450 square feet.
Is 416 Maryland Avenue in a historic neighborhood?
Yes — the property sits in Port Norfolk, one of Portsmouth's established historic districts, where much of the housing stock dates to the early 20th century and the neighborhood character has been preserved over generations.
What parks are near 416 Maryland Avenue?
Fountain Park is 0.2 miles away, Detroit Park is 0.4 miles out, and Bruce Johnson Memorial Park is about half a mile from the address — all walkable from the property.
Does 416 Maryland Avenue fall in a flood zone?
Port Norfolk is a peninsula neighborhood situated near the Elizabeth River, so flood zone status is worth reviewing carefully — check the FloodRisk tile on this page for the current FEMA designation for this specific address.
Want to know more about 416 Maryland Avenue or Port Norfolk? Tom and Dariya Milan at LPT Realty are ready to walk you through every detail — reach out today.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Location & Street View
416 Maryland AVE, Portsmouth
Map and Street View imagery © Google. Imagery may not be current.
Map data ©Google. Click and drag inside the map to explore the surrounding area.
Flood Risk
Property Details
Bedrooms
0
Full Baths
0
Half Baths
0
Approx Sq Ft
2,450
Stories
0
Fireplaces
0
Flooring
N/A
Heating
Cooling
Laundry
Interior Features
N/A
Sale & Tax History
List Price
$425,000
Price / Sq Ft
$173
Annual Taxes
$2,810
Monthly Tax
$234
HOA
None
Tax Rate (effective)
0.66%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Mar 28, 2026 | $425,000 | — |
| Currently listed | — | $425,000 | — |
Public-Records Assessment
Source: Portsmouth via Hampton Roads Regional Parcels. Fetched May 8, 2026.
Total Assessed
$230,880
Land
$61,040
Improvement
$169,840
Parcel ID: 01340220 · View on city GIS portal
Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:
Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.
Comparable Properties
Comps are selected by city, bed count, square footage and price proximity. Composite similarity score weights bed match, sqft variance, price variance, and straight-line distance.
About buying in Portsmouth
Homes for sale in Portsmouth, VA combine historic charm with the most affordable entry prices in Hampton Roads. Olde Towne Portsmouth (23704) features cobblestone streets and Federalist-era row houses overlooking the Elizabeth River, with active listings typically ranging $250K-$500K. Western Portsmouth's Churchland neighborhood (23703) offers larger suburban homes, top schools, and direct commutes to Norfolk Naval Shipyard. Park View (23707) and Cradock (23702) provide some of the most affordable single-family inventory in the region, often under $200K. Portsmouth's biggest employers are Norfolk Naval Shipyard (one of the largest ship-repair facilities in the country) and Naval Medical Center Portsmouth — Hampton Roads' largest military hospital. Active-duty military and shipyard families make up a significant share of buyers, and VA loan financing is common. Portsmouth Public Schools includes Churchland High, Manor High, and I.C. Norcom High; Churchland is consistently among the city's top-performing high schools. Buyers looking for waterfront views without Virginia Beach prices often find Portsmouth's Olde Towne and Hodges Ferry areas particularly attractive. Browse every active Portsmouth listing below, refreshed hourly from the REIN MLS.
Military Commute
Drive times to nearest basesDrive times via Google Maps with current traffic patterns. Times are typical and may vary by time of day. Use the "Analyze" button up top to see live drive time to your saved base.
Estimate your monthly payment
$2,563/moPrincipal & interest
$2,205
Property tax
$234
Home insurance
$124
PMI
None
HOA
None
Estimate only. Insurance assumed at 0.35% of home value annually. Actual taxes, insurance, and rate will vary by lender, credit, and property. Contact a lender for a personalized quote.
Listed by World Class Realty & Prop Mgmt · MLS# 10627210
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$425,000
416 Maryland AVE, PORTSMOUTH VA 23707
Portsmouth, Virginia 23707
Request InfoQuick Facts
Schedule a tour
In-person or videoClick a day to pick a time